Southwest removes 737 Max from flight schedule until August - lithium ion battery price

DALLAS —
Southwest Airlines customers who relax on Thursday night receive an email, which may mean that their summer vacation is more stressful and expensive than they planned.
S. Southwest Airlines, the largest carrier of Boeing aircraft, will cancel the 737 Max that was grounded by at least August.
5, far exceeded the peak of the summer season.
Company president Tom nehalon wrote in his email that the airline will be extended by two months than previously planned to reduce demand for the last flight
Minor changes in the summer travel season.
The decision will make the schedule more reliable, he wrote.
Other airlines may follow the example of Southwest Airlines and put pressure on Boeing to complete the counter
A stall system with two fatal crashes.
Last month, Boeing and federal officials privately said the company would finish work by the end of the month.
Instead, due to an unexpected problem that Boeing did not fully describe, it was delayed and the company's current goal is to complete the work by the end of April.
Boeing CEO Dennis muilanburg said the company's pilots have flown 96 test flights with new software, totaling 160 hours and will run more in the coming weeks
These changes must be submitted to the Federal Aviation Administration for approval.
Foreign regulators, including Europe and China, will conduct their own review --
According to analysts at financial services firm Cowen, this is important because foreign airlines account for about 85% of the largest orders.
At present, it is not sure how much passengers are willing to board the ceiling after the crash in Indonesia and Ethiopia killed all 346 people on board.
Noah Poponak, an analyst at Goldman Sachs, said: "The general flying public seems to have raised more questions about the aircraft than when the previous fleet ran aground. Refers to the 2013 grounding of Boeing 787 s due to overheating of lithium
Ion battery pack.
787 people survived and became a hot topic for airlines and passengers.
FAA officials, including acting director Daniel Elwell, met in Washington with delegates from Southwest, the United States and United Airlines and their pilot unions.
A FAA spokesman said they looked closely at the early findings of two accident investigations, the upcoming changes in Max software, and the pilot training for these changes.
Elwell promised that the agency would be transparent about the decision to clean up the aircraft.
Dennis Tajie, 737 pilot of American Airlines who attended the meeting, said the union promoted the strengthening of pilots --
Training programs, including trouble shooting programs that are indirectly related only to counter-problemsstall software.
He said the FAA seemed comfortable.
"This is not the minimum requirement --
"Just to get through the training activities," he said . ".
The longer the largest aircraft stays on the ground, the more money the airline loses.
Southwest Airlines has estimated that the airline's first layoff in the first three weeks, with other setbacks --
Quarterly revenue was $0. 15 billion.
Southwest Airlines has canceled about 90 flights a day as its 34 largest jets have been grounded since mid-termMarch.
Spokesman Chris Mainz said the new schedule canceled about 160 daily flights to assure customers that it will operate the flights they booked.
This is 4% of Southwest Airlines's 4,000 daily flights in the summer.
Nevertheless, unless the airline finds a replacement aircraft quickly
It could be a complicated process.
Southwest Airlines will cancel about 10,000 flights that could carry nearly one.
There are 8 million people from now until the beginning of August.
S. Airways expects its 24 largest jets not to take off by June 5, and it will also cancel about 90 flights a day.
United Airlines, which owns 14 Max planes, said it was adjusting its fleet to cover the planned Max flights.
Without these aircraft, the number of flights available to travelers will be reduced, and for other reasons, such as bad weather, passengers whose flights are canceled will be reduced.
Ticket sales may also be reduced.
"Travelers who have not yet booked a summer booking may end up paying a slightly higher fee for a ticket," said Henry hartwerte.
Industry analyst at atmospheric research group, "but it's not going to be a hell of a summer.
Harteveldt says he expects airlines that do not have Max jets
A list of Delta, JetBlue, Alaska and Spirit Airlines
Will attract travelers at pricecutting.
The cost of the biggest crisis for Boeing has also risen with the flight stoppage time, with planes taking off from the assembly line piling up around Seattle.
Boeing's share price has soared for more than two years as aircraft orders surged, although from March 1 to Friday, Boeing's share price fell by about 14%.
Most people on Wall Street have expressed confidence that Boeing can quickly solve its biggest problems and regain momentum.
Poponak, an analyst at Goldman Sachs, said that Boeing's orders could be affected in the next few years.
Some airlines seem to think Airbus's competitors, the A320neo series, and some aircraft, he said.
Leasing companies face challenges in maximizing airline customers.
Since its launch in 2017, Max has become Boeing's best-selling jet.
Less than 400 pieces of goods have been delivered, but about 4,600 pieces are being ordered.
However, the company did not accept new orders from Max in the third quarter
Even before the crash in Ethiopia on March 10
Only 10 in the first three months of this year, down from 112 in the same period last year.
Airlines interested in aircraft may have placed orders.
Boeing stopped delivery and announced last week that it would produce 737 units a month.
Airlines in China and Norway say they want compensation from grounded planes.
While other airlines remain silent, analysts expect Boeing to make concessions that could total hundreds of millions of dollars. The Chicago-
The US-based company is also facing more and more lawsuits from families of car accident victims.
Boeing has yet to provide data on the financial impact of the Max crisis. ——